Puerto Vallarta News

Puerto Vallarta News

Isn’t That Sweet, US to Impose Sugar Import Tax on Mexico

The United States is set to slap import duties as high as 17 percent on Mexican sugar in a victory for the powerful U.S. sugar industry but a blow to U.S. candy and soft drink makers who face paying more for the sweetener.

Mexican producers urged a deal to end the spat while the government hinted at retaliation, highlighting the potential for Tuesday's Department of Commerce ruling to increase tensions in a months-long trade dispute over claims cheap subsidized sugar is flooding the heavily protected U.S. market.

The duties mean companies like sweets and food . . .

Read Full Story

Related Posts

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA stopped jungle clearing in Xcalacoco near Playa del Carmen after a complaint warned it...
US fugitive arrested in Playa del Carmen

US fugitive arrested in Playa del Carmen

Mexican federal agents detained Otmane Khalladi in Playa del Carmen, a U.S.-wanted suspect accused of...
Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez sealed a sister-city pact to share tourism, culture and...
Playa Mujeres resort plan scrapped as officials step in

Playa Mujeres resort plan scrapped as officials step in

A proposed Playa Mujeres resort near Cancún was canceled after environmental authorities closed the review,...